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Press Release

Former Bank Manager Sentenced To Five-Year Term of Probation for Bank Theft

For Immediate Release
U.S. Attorney's Office, Eastern District of Louisiana

NEW ORLEANS, LOUISIANASCOTT BREAUX (“BREAUX”), age 39, of Marrero, Louisiana, was sentenced on August 14, 2019 by U.S. District Court Judge Ivan L.R. Lemelle to 60 months probation and was ordered to pay restitution in the amount of $ 35,000.00 to ASI Federal Credit Union and its insurer, Cuna Mutual Group, announced United States Attorney Peter G. Strasser.

According to court documents, from about November 2016 to July 2017, while employed as a Branch Manager at ASI Federal Credit Union, BREAUX stole approximately $35,000.00. BREAUX was employed with ASI since in or about 2011, and during his tenure with ASI, BREAUX worked at the Harahan, Westwego, and uptown branches. In 2014, BREAUX was named Branch Manager of ASI’s Westwego branch.  In February 2017, BREAUX was transferred to ASI’s uptown branch where he continued to work as Branch Manager until his termination in July 2017.  ASI is a federally insured financial institution and its deposits are insured by the National Credit Union Association.

United States Attorney Peter G. Strasser praised the work of the Federal Bureau of Investigation in investigating this matter. The prosecution of this case is being handled by Assistant U. S. Attorney Brian M. Klebba, Supervisor of the Financial Crimes Unit.


Updated August 15, 2019

Financial Fraud